Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates, as demand for artificial intelligence servers and a memory chip shortage boosted earnings.
Here are Samsung’s first-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate:
The South Korean technology giant’s quarterly profit climbed more than 750% from a year earlier to a fresh record. The company also posted record revenue, up about 70% year over year.
The profits came in line with Samsung’s own estimates of 57.2 trillion won, and were more than its full-year 2025 profits of 43.6 trillion won.
The earnings extend momentum from the final quarter of last year, when Samsung surpassed its prior record of 17.6 trillion won set in the third quarter of 2018.
